The housing market continues to prove to be a tough bubble to burst, though the Recession is technically over. Nevertheless, many are stepping into the housing market and the good folks at NeighborWorks have posted the video you see above on their blog and at YouTube. Home inspection is not necessarily a make-or-break moment in […]
Baltimore Hosting A Number of Homeownership & Greening Events
The approach of Tax Day can cloud memories of other opportunities, so we wanted to post reminders of a number of upcoming events for the greening of Our Fair City. First off, please do not forget the fun we will have at Druid Hill Park this Saturday, 17 April, from 12:pm to 6:pm. EcoFest hosted […]
Recent Developments in MA Show Economic Opportunities and Pressures on Community Housing
The Neighborhood Housing Service of Springfield Massachusetts has recently sponsored the building of low-income modular homes in their Old Hill neighborhood. The project is notable for at least two great reasons: First, the Springfield NHS built the homes on what had been ‘trash strewn vacant lots,’ so the entire community enjoys aesthetic and economic boosts. […]
Government Announces Plans To Forestall New Wave Of Foreclosures
Jeff Swiatek of The Indianapolis Star (Indiana) reported two days ago that the wave of foreclosures that seemed to have been forestalled in that city is on the verge of swelling again. The report, specific to the Indianapolis region, is all the more chilling when we recall that Indiana (and Maryland) was (were) not deep […]
NeighborWorks Offers $119 Million For Community Development
After yesterday’s report about the trickle of federal recovery aid being used to assist mortgage holders on the brink of foreclosure, we can return to the topic of the housing crisis with some much better news. NeighborWorks America has announced that it will be distributing $119 million in grants for this year. The amount is […]
Homeowners Getting Federal Help
Image via Wikipedia The mortgage bubble that Wall Street players were puffing up and were betting would break has, of course, brought down almost everything else with it (save investor bonuses). The fallout was one of the many catalysts for the sweeping political change of the elections of 2008. One of the loudest political debates […]
Baltimore And Its Home-Seekers Want 1Gigabit Network
Gus G. Sentementes, tech guru at The Baltimore Sun, has recently reported on the efforts of the Greater Baltimore Committee (with the help of Under Armour, Inc.) to lure Google to bring its one-gigabyte-per-second network to Charm City. We reported on Google’s announcement and Request for Proposals about six weeks ago, and our fair city […]
Banks Back to Profitability (& Bonuses) But Homeowners Still Drowning
The Troubled Asset Relief Program (TARP) likely kept the banking industry afloat, and few doubt the necessity to keep the banking industry solvent for the sake of functioning markets and businesses. The bailout began under the president who encouraged the housing bubble in the first place, and was accepted by the Obama Administration as a […]